STOCK TITAN

D.R. Horton (NYSE: DHI) SVP exercises 887 RSUs, 350 shares withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

D.R. Horton executive Aron M. Odom, SVP, Controller and PAO, exercised restricted stock units that settled into 887 shares of common stock. These RSUs were part of a grant awarded on March 30, 2022, which vests in five annual installments.

To cover tax obligations arising from this vesting, 350 shares of common stock were surrendered back to the company at a price of $132.53 per share. After these routine compensation-related transactions, Odom directly holds 8,046 shares of D.R. Horton common stock.

Positive

  • None.

Negative

  • None.
Insider Odom Aron M.
Role SVP, Controller and PAO
Type Security Shares Price Value
Exercise Restricted Stock Unit 887 $0.00 --
Exercise Common Stock 887 $0.00 --
Tax Withholding Common Stock 350 $132.53 $46K
Holdings After Transaction: Restricted Stock Unit — 887 shares (Direct); Common Stock — 8,396 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit converts into one share of DHI common stock. These shares were surrendered to issuer to cover tax obligations of the 887 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 30, 2022. On March 30, 2022, the reporting person was granted 4,435 restricted stock units, vesting in five annual installments beginning March 30, 2023.
RSUs exercised 887 shares Restricted stock units converting into common stock on March 30, 2026
Shares surrendered for taxes 350 shares Surrendered to issuer to cover tax obligations at $132.53 per share
Tax withholding price $132.53 per share Value used for 350-share tax-withholding disposition
Shares held after transaction 8,046 shares Direct ownership of D.R. Horton common stock following Form 4 transactions
Original RSU grant 4,435 units RSUs granted March 30, 2022, vesting in five annual installments
Restricted Stock Unit financial
"Each restricted stock unit converts into one share of DHI common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"issued upon the vesting of the restricted stock units awarded March 30, 2022"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual installments financial
"granted 4,435 restricted stock units, vesting in five annual installments"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Odom Aron M.

(Last)(First)(Middle)
1341 HORTON CIRCLE

(Street)
ARLINGTON TEXAS 76011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HORTON D R INC /DE/ [ DHI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Controller and PAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/30/2026M887A(1)8,396D
Common Stock03/30/2026F(2)350D$132.538,046D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)03/30/2026M887 (3) (3)Common Stock887$0887D
Explanation of Responses:
1. Each restricted stock unit converts into one share of DHI common stock.
2. These shares were surrendered to issuer to cover tax obligations of the 887 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 30, 2022.
3. On March 30, 2022, the reporting person was granted 4,435 restricted stock units, vesting in five annual installments beginning March 30, 2023.
/s/ Aron M. Odom03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did D.R. Horton (DHI) report for Aron M. Odom?

D.R. Horton reported that Aron M. Odom exercised 887 restricted stock units into common shares. As part of this vesting event, some shares were then surrendered to the company to satisfy related tax obligations, a common feature of equity-based executive compensation.

How many D.R. Horton shares did Aron M. Odom receive and how many were surrendered for taxes?

Aron M. Odom received 887 shares of D.R. Horton common stock from RSU vesting. Of these, 350 shares were surrendered back to the issuer at $132.53 per share to cover tax obligations tied to the vesting event.

What are the details of Aron M. Odom’s restricted stock unit grant at D.R. Horton (DHI)?

On March 30, 2022, Aron M. Odom was granted 4,435 restricted stock units in D.R. Horton. According to the disclosure, these RSUs vest in five equal annual installments beginning March 30, 2023, leading to periodic share deliveries over the vesting schedule.

How many D.R. Horton (DHI) shares does Aron M. Odom hold after this Form 4 transaction?

Following the RSU vesting and related tax share surrender, Aron M. Odom directly holds 8,046 D.R. Horton common shares. This figure reflects his post-transaction position after receiving 887 shares from RSUs and surrendering 350 shares for tax obligations.

Was Aron M. Odom’s Form 4 transaction in D.R. Horton shares an open-market sale?

No, the disposition of 350 D.R. Horton shares was for tax withholding, not an open-market sale. Shares were surrendered to the issuer to satisfy tax obligations triggered by the vesting of 887 RSUs, a routine administrative step for equity awards.